This year’s Contract for Difference (CfD) auction includes a capacity cap of 6GW for low carbon power.
Read More »US Proposes for Oil Refiners to Increase Role of Biofuels in Fuel Mix
The regulation aims to support the agricultural sector and reduce the country’s dependence on oil.
Read More »Joint Venture Launches for Floating Wind Tech
Naval Energies and Hitachi Zosen have teamed up to jointly design and build floating wind turbines off the Japanese coast.
Read More »US. not Iran. Threatens World`s Energy Security
The US has turned from a major oil consumer into a major producer.
Read More »Oil Holds above $57 as Iran Tension Arise Concern over Supply
The oil market is caught in a bind and does not know which way to go or trend.
Read More »No European Bank Introduced to Iran for Implementation of INSTEX
The Iranian special trade mechanism set up to reciprocate the European Instrument in Support of Trade Exchange. blasted Europe for procrastinating in introduction of a bank to Iran to put the INSTEX into effect.
Read More »Chabahar Port Highly Important for India
Indian Ambassador to Tehran Gaddam Dharmendra said that Iran’s Southeastern port city of Chabahar is of prime importance to New Delhi. adding that the two countries increase their trade in the last year by 30%.
Read More »Oil Price Volatility is Hurting Russia`s Economy
Russia has budgeted much lower prices than the current ones for 2019.
Read More »Persian Gulf War could Send Oil Prices beyond $325 a Barrel
China and India now account for about a fifth of global strategic reserves.
Read More »Oil. Gas Instrumental to Climate-Change Solution
A combination of these solutions would go a long way in minimizing the impact of climate change.
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